Perhaps we should also consider that AVZs Li will be at a far lower cost so will take its fair share of the market and may well be the dominant miner. Given the lower mining costs plus tin credits even with extra freight costs we should be able to make a tidy profit. I bought some certified organic walnuts yesterday and the Australian ones are double the imported price. Wages and freight here in OZ are many times the African rates. I think it will be difficult for any Australian Li miner to match our price... All in MO...
AVZ Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held